Samsung Electronics broke ground for a new semiconductor research and development complex in Giheung, Korea, aiming to extend its leadership in state-of-the-art semiconductor technology. Samsung Electronics plans to invest about KRW 20 trillion by 2028 for the complex in an area covering about 109,000 square meters within its Giheung campus. The new facility will lead…
HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, has announced the acquisition of substantially all the assets of Savari, Inc., a Silicon Valley-based automotive technology company developing vehicle-to-everything communications (V2X) technology in 5G Edge and automotive devices. Savari’s software and hardware technology will…
Samsung Electronics has promoted Lee Jung-bae as new chief of its memory business, while Choi Si-young will head its foundry business, according to IANS report. Lee will succeed Jin Gyo-young and Choi Si-young will replace Jung Eun-seung as new chief of foundry business. The latest appointments will bolster the company’s technological competitiveness and occupy new…
Samsung Electronics Co. has recently announced major changes in its top management. Roh Tae-moon has been named the new mobile head. This reshuffle in top management is a part of Samsung’s annual senior executive changes which was supposed to happen last year in December. The company delayed the regular year-end reshuffle due to ongoing criminal…
Samsung Electronics Co, on Monday, announced that it is considering building a factory in India to produce flat-screens under the Samsung Display subsidiary. The company is planning to invest $500million as it is attempting to expand smartphone production in the country. According to a company filing, Samsung Electronics will provide a ₹3,500crore loan and transfer…
Samsung Electronics has appointed Vineet Taneja as Country Head for Mobile and Digital Imaging. Vineet is an industry veteran with over 25 years of experience in various leadership roles in companies including Hindustan Lever Ltd., Nokia India and Bharti Airtel. In his previous stint Vineet was Operations Director for South India & Srilanka at Bharti…